In discussing market failure, what term do economists use to describe an economy that has produced too much?
a. ultraspecialization
b. high efficiency
c. distribution of income
d. overallocation
d. overallocation
Economics
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Foreign purchases of stocks and bonds issued by U.S. corporations ________ between 1995 and 2007 and ________ in 2014
A) decreased slightly; increased slightly B) increased at a slow but steady pace; increased dramatically C) remained stagnant; declined sharply D) increased dramatically; declined
Economics
Fiscal policy does not have an effect on interest rates
Indicate whether the statement is true or false
Economics